Nonprofit Hospitals Are Cashing In On Real Estate
Nonprofit hospital chains are buying up billions of dollars’ worth of real estate across the US, dodging property taxes using their charity status.
Nonprofit hospital chains are buying up billions of dollars’ worth of real estate across the US, dodging property taxes using their charity status.
Demand for effective rehabilitation therapies, and improvements in patient care are expected to fuel the market’s growth in the coming years. The growing incidence of unhealthy lifestyles, aging populations, and the rise of chronic diseases are key drivers behind the market’s expansion as well.
AI in buildings is a game-changer that not only helps decision makers potentially maximize operations and efficiencies, but it can also help improve security for guests, minimize energy usage for tenants and reduce costly downtime by flagging issues before they happen.
MedSpace USA is a national healthcare real estate development firm based in Florida offering a full range of development services.
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